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20100901
20100930
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us live now from council. good morning, tracy. big day. >> it's going to be a big week and a big season headed into these elections as congress figures out whether or not to extend these bush tax cuts that are expiring at the end of the year. coming out of the weekend, republican leader john boehner who had been very critical of the president's plan signaled that he might support it in order to get something done before these tax cuts expires. but all hopes of a compromise were dashed when his party came out strongly yesterday and said that these tax cuts must be preserved for everyone, the poor, the middle class and, yes, the wealthy, those who make over $250,000. his party is not the only group that supports that. we now know of at least three democrats who say, look, this is the wrong time with our economy still not on good footing to raise taxes. we need to preserve these tax cuts for everyone. so it's a fight not only against republicans, but against some members of the democratic party, as well. lynn. >> tracy potts for us in washington. tracy, thank you. >>> and across the
elections, it could reach a boiling point. nbc's tracie potts joins us live now from capitol hill. good morning. >> reporter: it is clear the battle lines are drawn despite what we saw yesterday may have been a hint of compromise between republicans and the democratic party. republican john boehner hinting he might support president obama's plan to extend tax cuts only forethose who make up to $250,000. not for people who make more than that. but the republican party, other member, came back and made it very clear that they want these bush tax cuts extended for everyone, including the so-called wealthy, because they say those are the job creators in our society. jobs that right now are so desperately needed. interestingly, it's not a completely partisan fight, because at least three democrats agree that these cuts should be extended for everyone until the economy is on better footing. so we're looking at two deadlines coming up. first of all, the cuts expiring by the end of the year and, also, the effect of this election coming up in just a few weeks in november. lynn? >> absolutely. tr
Search Results 0 to 2 of about 3 (some duplicates have been removed)